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50 Cent Dishes On His Bankruptcy & Lets Everyone Know He's Still Got Money! See How Much He's Still Worth!

| Filed under: Jake GyllenhaalMusic MinuteLegal Matters50 Cent

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Good! We were starting to get worried there for a moment! LOLz!

On Monday morning 50 Cent — or Curtis Jackson to some — filed for bankruptcy! But don't worry, it doesn't sound like he's struggling much!

[ Related: Eric Garner's Widow Rejects New York's $5 Million Settlement Offer ]

The In The Club rapper talked a bit about his experiences and finances while doing the junkets for his upcoming film, Southpaw, which he stars opposite Jake Gyllenhaal.

On the topic of the rapper filing of bankruptcy, Jackson said:

"I'm taking the precautions that any other good businessperson would take in this situation. You know when you're successful and stuff, you become a target. I don't wanna be a bulls eye."

50 has already had the target put on him once this year after a jury just recently awarded Lavonia Leviston $5 million after their decision in the sex-tape lawsuit against Jackson.

The rapper turned actor and businessman went on to say of of his decision:

"Walt Disney has filed bankruptcy. Donald Trump has filed bankruptcy. It means you're reorganizing your finances, but it does stop things from moving forward that you don't want moving forward. I gotta descent legal team. You don't have to worry."

Apparently we really don't need to be concerned as it's reported that his assets are valued in the range of $10 million to $50 million and his liabilities are estimated to be approximately around the same.

Sounds like 50 is rich enough as it is and won't have to die tryin' anymore!

[Image via PNP/WENN.]

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